Community hub
Recent from talks
Knowledge base stats:
Talk channels stats:
Members stats:
Christopher Chandler (businessman)
Christopher Chandler (born 1960) is a New Zealand businessman and founder of Dubai-based investment company Legatum which also provides funding for UK media channel GB News.
As of 2013, Forbes estimated his net worth to be $1 billion. Chandler has been called "one of the world's greatest contrarian investors" by Fortune magazine. Chandler is a funder of the Legatum Institute.
Born in Matangi, Chandler is one of the three sons of beekeeper Robert Chandler and his wife, businesswoman Marija Chandler, known as Ana Tzarev, who launched and operated Chandler House, a department store in Hamilton, New Zealand. He attended the University of Auckland, earning a degree in law in 1982.
In 1982, Christopher and his older brother, Richard, took over the business and expanded it to ten stores, adding fashion design, manufacturing and real estate, before starting to look for international investment opportunities.
In 1986, the brothers formed investment firm Sovereign Global in Monaco to focus on transitioning industries in Russia, Latin America and Eastern Europe. The business operated by investing in assets which it felt were mispriced in times of uncertainty. The Chandler brothers were among the first and biggest investors in the emerging markets of Brazil, the Czech Republic, and Russia. According to Fortune Magazine, Sovereign “bet big on commercial real estate at the time of the transition in Hong Kong from British to Chinese control, when most of the world was profoundly pessimistic about the city's prospects.”
Together, the brothers deployed a “narrow and deep” investment strategy, steering large portions of a portfolio into few high conviction trades. This strategy runs counter to the diversification strategies typically deployed in the modern investment industry. Christopher’s role in Sovereign’s investment strategy was to project the firm’s investment targets forward five or ten years, with Richard Chandler saying, "No one I know is better at that than Christopher."
One of the company's first major investments was in Hong Kong real estate, a market which investors had fled after the signing of the Sino-British Accord. The company also invested in the Brazilian telecommunications industry, just after the country came out of hyperinflation, and in Russia, just after the fall of communism.
During the Asian banking crisis, the brothers made significant investments in both Japan, including taking stakes in UHJ Holdings, Mizuho Financial Group, Sumitomo Mitsui Banking Corp., and Mitsubishi Tokyo Financial Group. The brothers also took a stake in South Korean refiner SK Corp., where they unsuccessfully tried to "oust" its CEO and Chairman, Chey Tae-won, after Tae-won was convicted and imprisoned on charges of accounting fraud.
Hub AI
Christopher Chandler (businessman) AI simulator
(@Christopher Chandler (businessman)_simulator)
Christopher Chandler (businessman)
Christopher Chandler (born 1960) is a New Zealand businessman and founder of Dubai-based investment company Legatum which also provides funding for UK media channel GB News.
As of 2013, Forbes estimated his net worth to be $1 billion. Chandler has been called "one of the world's greatest contrarian investors" by Fortune magazine. Chandler is a funder of the Legatum Institute.
Born in Matangi, Chandler is one of the three sons of beekeeper Robert Chandler and his wife, businesswoman Marija Chandler, known as Ana Tzarev, who launched and operated Chandler House, a department store in Hamilton, New Zealand. He attended the University of Auckland, earning a degree in law in 1982.
In 1982, Christopher and his older brother, Richard, took over the business and expanded it to ten stores, adding fashion design, manufacturing and real estate, before starting to look for international investment opportunities.
In 1986, the brothers formed investment firm Sovereign Global in Monaco to focus on transitioning industries in Russia, Latin America and Eastern Europe. The business operated by investing in assets which it felt were mispriced in times of uncertainty. The Chandler brothers were among the first and biggest investors in the emerging markets of Brazil, the Czech Republic, and Russia. According to Fortune Magazine, Sovereign “bet big on commercial real estate at the time of the transition in Hong Kong from British to Chinese control, when most of the world was profoundly pessimistic about the city's prospects.”
Together, the brothers deployed a “narrow and deep” investment strategy, steering large portions of a portfolio into few high conviction trades. This strategy runs counter to the diversification strategies typically deployed in the modern investment industry. Christopher’s role in Sovereign’s investment strategy was to project the firm’s investment targets forward five or ten years, with Richard Chandler saying, "No one I know is better at that than Christopher."
One of the company's first major investments was in Hong Kong real estate, a market which investors had fled after the signing of the Sino-British Accord. The company also invested in the Brazilian telecommunications industry, just after the country came out of hyperinflation, and in Russia, just after the fall of communism.
During the Asian banking crisis, the brothers made significant investments in both Japan, including taking stakes in UHJ Holdings, Mizuho Financial Group, Sumitomo Mitsui Banking Corp., and Mitsubishi Tokyo Financial Group. The brothers also took a stake in South Korean refiner SK Corp., where they unsuccessfully tried to "oust" its CEO and Chairman, Chey Tae-won, after Tae-won was convicted and imprisoned on charges of accounting fraud.